Allegiance Bancshares: Q1 Earnings Insights

Allegiance Bancshares ABTX reported its Q1 earnings results on Friday, April 29, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Allegiance Bancshares beat estimated earnings by 10.98%, reporting an EPS of $0.91 versus an estimate of $0.82.

Revenue was up $1.76 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 1.99% drop in the share price the next day.

Here's a look at Allegiance Bancshares's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.95	1	0.90	0.83
EPS Actual	1.06	0.93	1.12	0.89
Revenue Estimate	59.77M	60.46M	57.56M	58.15M
Revenue Actual	60.56M	60.27M	58.87M	57.43M

To track all earnings releases for Allegiance Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.